New Delhi [India], Mar 29 (ANI): Cloudatix Biz India Ventures Pvt. Ltd, a young research startup emerging as a Smart City Solutions provider and Mediaguru, a global media services company that specializes in the entire life cycle of digital asset management services, digitization and monetization, recently launched 'Startup Accelerator Program and Internet College'.

The newly launched program focuses on mentoring the startup companies with well-designed programs that can help them succeed in their ventures. The event was held in association with Imperial College of London and Chief Mentor and Ex. Vice Chancellor of the University of Delhi, Prof Dinesh Singh.

"The accelerator programme was conducted with the objective of catalyzing India's nascent startup ecosystem and provides a fillip to Prime Minister Narendra Modi's Digital India and Make in India initiatives. The programme will incubate 15 early-stage technology startups building innovative solutions through a three-month acceleration programme that will give them access to mentoring, co-working space, access to customers, partners and investors, and free credits on its Cloudatix's Cloud platform," said MD Cloudatix, Sanjay Sharma.

"The Indian startup ecosystem is doing incredibly well. We are third or fourth largest startup country in the world and with the whole Digital India and Smart Cities initiatives we would like to support the movement and the ecosystem in which we have thrived for so long. We firmly believe that this will help India to leapfrog to the next level," said MD Mediaguru, Sanjay Salil.

"Creation of a network of mentors, VCs, incubators and accelerators that is being expected to be extremely advantageous to the Indian startup ecosystem. It will enable startup communities in India and around the world to cross-pollinate ideas, innovate and create channels for knowledge transfer. It will also act as a bridge for fast-track tech companies looking to tap into India's huge consumer market for technology, and will help startups access Cloudatix-Mediaguru flagship startup mentorship program and Imperial College's mentor network," said Delhi University's Dr Sanjeev Singh.

The formal launch of the program is scheduled for April 19th at India Habitat Centre. (ANI)